Apartment Report

Year Ended 2017-12-31

235 East 49 St
#9A
New York
NY 10017

235 East 49th Street Tenants Corp.

Financial Statements

COMPARATIVE STATEMENT OF OPERATIONS

COMPARATIVE STATEMENT OF OPERATIONS
INCOME
RENTAL INCOME
Maintenance charges 17,321
Less: real estate tax abatements (1,663)
Special assessment - abatement 1,596
Commercial rent 1,828
TOTAL RENTAL INCOME 19,082
OTHER INCOME
Interest income 71
Laundry 96
Storage 140
Late charges 50
Transfer and sublet fees 834
Miscellaneous income 40
TOTAL OTHER INCOME 1,231
TOTAL INCOME 20,313
COST OF OPERATIONS
Administrative expenses 1,036
Operating expenses 7,127
Maintenance expenses 3,155
Taxes and insurance 9,408
Financial expenses 1,335
TOTAL COST OF OPERATIONS 22,061
Income or (Loss) Before Depreciation and Special item (1,748)
Depreciation and amortization (1,202)
NET INCOME OR (LOSS) (2,950)